Melbourne Knights plays matches at Knights Stadium, a 15,000 seat venue in which the club has owned and operated since 1989. As well as fielding a senior men's side, the Knight's field a women's team as well as junior teams of all year levels.

Melbourne Knights FC was founded in 1953 as SC Croatia by a small group of Croatian immigrants in Melbourne's western suburbs. The club played its first match on 10 April 1953. The Knights became a member of the Victorian Soccer Federation in 1954, which saw the club join and compete in a league competition for the first time that same year in the newly created Victorian Provisional League. The club quickly moved up the state divisions and by the mid-1960s had become one of the strongest clubs in Victoria. In 1984 after a number of years of lobbying the Knights finally joined Australia's elite soccer competition, the National Soccer League. By the 1990s the club had become the premier soccer club in Australia as it made the NSL Grand Final 5 out of 6 seasons, winning it twice in 1994/95 and 1995/96. Following the disbanding of the NSL in 2004 the Knights dropped back down to the Victorian Premier League, making the Grand Final in 2008.

The Melbourne Knights has a large and loyal following, it is one of the best supported clubs in Australia outside the A-League. The Knights supporter base is made up mostly of people from the local Croatian community of Melbourne and Geelong, with the core of the support being from the club's heartland of Melbourne's western suburbs. This supporter base is made up of both Croatian and Australian-born Croats. The club also has a following amongst the Croatian community across the nation, this support was particularly garnered during the club's 21 seasons in the NSL where the club became a symbol of pride for the Croatian community in Australia.

The unofficial supporter group of the Melbourne Knights is the MCF (Melbourne Croatia Fans). They are the most active and vocal group in the VPL, always having a presence at matches be it at home or away. Also prominent are the supporters on Quarry Hill. In the NSL years the supporter group was the Knights Army, they were one of the leading supporter groups in the competition. They disbanded once the Melbourne Knights left the NSL.

The club's current home ground is the Knights Stadium in the suburb of North Sunshine, which has been the club's home since 1989. It has a capacity of 15,000. More information on the Knights Stadium page.

Prior to 1989 the club had a number of venues it used as its home ground. The most significant ones were:

The club has played and continues to play an important social role for the Croatian community. Post World War II migration to Australia changed the demographic make up of the country, Croatians along with other continental European migrants entered a society that was at the time quite hostile to these new arrivals. In the wake of this migration many soccer clubs were formed by these new arrivals based around their respective ethnic communities. The Melbourne Knights became a focal point for the Croatian community in the state of Victoria, as it was just as much a social club as a soccer club. It provided Croatians with a place to gather where they could feel comfortable and safe in their new home, a place where they could mingle with their own people and speak their mother tongue. The club allowed for the preservation and celebration of Croatian identity, tradition, culture and language, as well as promoting it to non Croatians. Through the club Croats could hold their head up high with pride. The club continues to be an important institution for the Croatian community, helping keep it alive, as Croatian culture and tradition is passed onto the next generation. The Melbourne Knights still remains the largest meeting place for Victoria’s Croatian community.

Over the years the Melbourne Knights played an important political role, with the club being a symbol of Croatian nationalism. Victoria's Croatian community was made up of people who had fled from the communist regime of Yugoslavia. So the Melbourne Knights, then under the name of Croatia, served as a political statement of the desire of the Croatian people for an independent Croatia. Using the club the community was able to promote and bring awareness to the Croatian plight and independence movement. This role continued into the 90s, after Croatian independence in 1991, with the outbreak of war in Croatia and Bosnia. Melbourne Knights served as a symbol of pride for the community in this dark period, galvanizing the community’s support for the club. Through the club the community was able to show its solidarity with the homeland. Since then with Croatia being independent and stable this political role no longer exists in the same manner.

The Melbourne Knights is a club famous for its youth and junior development, it has one of the best set ups in Australia. Many great players have gone through the youth set up at the Knights, the most notable being Socceroo captain Mark Viduka. A highlight of this strong set-up came in the NSL years where the Melbourne Knights were a dominant force in the National Youth League, being champions 3 times. The club was also runner-up on two other occasions. The Knights have continued this winning tradition at the youth level in the VPL, with the club winning the double as it took out the Under 18 and Under 20 Victorian championships in 2007

Currently the club is home to over 250 players ranging in sides from the Under 8 to Under 18 level in the Victorian Milo leagues, as well as an Under 20 youth team which serves as the reserves side and plays in the Victorian Premier League Reserves competition.

The club has played a particularly important role with the youth of the Croatian community in both Melbourne and Geelong, giving them a pathway in the sport. The result of this can be seen in the many great soccer players of Croatian heritage that have played for the Knights at the senior level over the past six decades.

The success of the club's youth development can be seen in the number of Knights players that have gone onto play in some of the best football leagues around the world and play international football; 38 Knights players have played for Australia at senior level and 3 for Croatia. As well as countless others who played for Australia at Under 17, Under 20 and Under 23 levels. An example of the impact the club has had at this level was the 1996 Atlanta Olympic side (under 23) which contained a staggering 5 Knights players; Mark Viduka, Danny Tiatto, Joe Spiteri, Frank Jurić and Steve Horvat. You also had Vinko Buljibašić and Joe Bačak who were part of the qualifying campaign, while Adrian Červinski, Damien Vojtek and Ante Jurić were part of pre-qualifying friendlies.

The Knights are well known for giving young emerging talent opportunities in their senior squad. Players like; Marak Talajic debut at 16, Eddie Krncevic at 16, Josip Šimunić at 17, Steve Horvat at 17, Mark Viduka at 18, Mark Silić at 18, Billy Vojtek at 18 and more recently with Mate Dugandžić at 16. As such players that have gone through the club's junior ranks have always made up a large part the Knights squad, such as in the 1990s when the club dominated the NSL.

The Melbourne Knights have had many rivalries over the years. The biggest and most heated rivalry was with Footscray JUST. JUST was a Yugoslav backed club so the hate between the clubs ran deep. JUST had links to the Yugoslav communist regime, a regime that many of the Knights supporter had escaped persecution from. These were as much political battles as they were soccer matches. This rivalry began in 1960 when the clubs first met (Melbourne Knights as Preston Croat) in the Victorian State League. The club's first win against JUST came in 1965 with a 2-1 victory in the Dockerty Cup semi-final. Their first victory against JUST in the Victorian State League also came in 1965 with a 2-1 win away at Olympic Park in Round 16. After the 1972 expulsion the club would not take on JUST for over a decade. The club's last victory against JUST in the Victorian State League came in round 17 of 1972, with a 2-0 at Olympic Park in front of 4,500 fans. Billy Vojtek scored a double.

The rivalry was resumed in 1984 with the Melbourne Knights entering the NSL. In round 25 of 1984 Melbourne Knights defeated JUST 3-1, the first victory against JUST since 1972. 1989 saw what was the greatest victory the Melbourne Knights had against JUST. The two sides that finished at the bottom of the league ladder would be relegated. JUST went into the final round third last only a point ahead of the bottom two, JUST could not afford a loss. The highly anticipated match at Middle Park was played in front of 5,000 mostly Melbourne Knights fans. The Melbourne Knights in a dominant display defeated JUST 2-0, with goals coming from Joe Caleta and Zeljko Adzić. The result saw JUST drop down into the bottom two, relegating the club to the Victorian State League. It was the very last time the two sides ever met on the field and soon after JUST would fold.

Since the relegation of Footscray JUST from the NSL, the fiercest rivalry for the Melbourne Knights has been against South Melbourne. It has also been the longest running rivalry for both clubs, with the Knights having played South Melbourne more times than any other club. The first time the two sides met was in 1960 in the Victorian Division 1 North. The first victory the club had over South Melbourne came in 1962 (as Preston Croat) in the group stage of the pre-season Ampol Cup with the Knights winning 1-0. While the first time the Knights defeated South Melbourne in the Victorian State League was in 1965, a 3-2 win at Olympic Park.

In the NSL the two sides would have an intense rivalry, which was heightened by the success both sides had in the league. This was clearly seen in the incredible 10 occasions the two clubs met each other in the NSL finals. The first win against South in the NSL came in round 9 of 1985, 2-0. The club would go onto to play many epic matches, the two most famous coming in the 90s. The first came in the 1990/91 Grand Final, which South Melbourne won on penalties. The other being the 1994/95 Major Semi-Final where the Knights won 3-2, with Mark Viduka scoring a spectacular hat-trick. That win booked a spot in the Grand Final for the club. The match is regarded[who?] as one of the greatest matches in the history of Australian club soccer. For the most part these matches have been tightly fought contests, but the biggest win the Knights had against South came in 2000/01 season when Knights defeated South 4-0. This rivalry which has gone on for over 50 years continues today in the Victorian Premier League. In 2005 the Melbourne Knights defeated South Melbourne for the first time ever at South's home ground of Bob Jane Stadium, something the Melbourne Knights were never able to achieve in the NSL.

Perth Glory was one of the first of the new non ethnic clubs to be introduced by Soccer Australia’s president David Hill. It was all a part of the plan to broaden the supporter base of the NSL and to restructure the league. The arrival of these clubs immediately created a rivalry between the ethnic and non ethnic clubs of the NSL. The most heated of these was the rivalry between the Melbourne Knights and Perth Glory. The rivalry really kicked off in the last match of the 1996/97 regular season. Perth was in 6th spot, holding onto the last finals spot. Perth traveling to the Melbourne Croatia Sports Centre only needed a point to ensure a finals berth. While the Knights in 7th spot, 2 points behind Perth needed nothing less than a win to get the final spot. The match was played in front of 10,000 people. Perth took an early lead. But the Knights came back with an inspired performance by Tommy Pondeljak, scoring a double. The Melbourne Knights won 3-1.

The rivalry was taken to new levels in the 2000/01 season when the two sides met once more, this time in the Finals. The first leg was played at the Melbourne Croatia Sports Centre. In front of just 7,000 fans the two sides played out a 0-0. It was a match where Perth player Bobby Despotovski made a 3 fingered Serbian salute to Knights fans. After the match he and others in the Perth squad were attacked by Knights fans as the Perth players boarded the team bus. It made headlines across Australia. In the second leg in Perth in front of 30,000 fans, the odds were stacked against the Knights. But the side put in a phenomenal performance being up 2-0 by the 30th minute mark. Perth came back to level it at 2-2, but the Knights took out the tie on the away goals rule. The two sides have not played each other since the end of the NSL in 2004.

Other important rivalries have been with fellow Melbourne sides Preston Lions, Green Gully, Heidelberg United and Sunshine George Cross, both at state and national level. Matches against Preston in particular have traditionally attracted large crowds, while the rivalry with Green Gully was at its most fiercest in the early 80s when the 2 sides dominated the State League. The rivalry with Sunshine George Cross has seen George Cross become the most played team for the Melbourne Knights after South Melbourne, with the first clash between the 2 sides occurring back in 1960.

In the NSL the club had significant rivalries with Sydney Olympic, Marconi Fairfield and particularly Adelaide City. The Melbourne Knights and Adelaide City were the two dominant soccer powers in the early to mid 90s, they met each other 3 times in the NSL Grand Final. The club also has friendly rivalries with fellow Croatian backed clubs Sydney United and the St Albans Saints.

In the 2007 VPL season a new rivalry was born with the Serbian backed Springvale White Eagles. The two clubs had never met each other before hand. In their first meeting the Knights won 1-0 at home, with a last minute free kick from Anthony Pelikan. It was the first time that the Knights had ever played a Serbian side in a league match in its long history. The second match ended in a 5-2 thrashing of the White Eagles. This rivalry resumed in the 2011 VPL season, with a 1-1 draw away and a 5-0 win at home for the Knights.